SEC Settles Charges Against TrueUSD Issuers Over Fraudulent Marketing Claims
TL;DR The SEC settled fraud charges with TrueCoin and TrustToken regarding TrueUSD. The stablecoin was not fully backed by U.S. dollars as advertised. Companies agreed...
Tag : SEC
Texas Court Dismisses ConsenSys Lawsuit Against SEC, Company to Continue Legal Battle
TL;DR A Texas court dismissed ConsenSys’ lawsuit against the SEC, as it did not constitute a final action by the agency. The court deemed the...
Messari Takes Stand Against SEC, Declares Regulatory Independence
TL;DR Messari, a blockchain analysis and security firm, has officially announced its decision to completely sever ties with the United States Securities and Exchange Commission...
Ethereum ETF Approval Nears as SEC Decision Looms for July 4
TL;DR The SEC could approve Ethereum spot price-linked ETFs by July 4, following the initial success of Bitcoin ETFs that attracted $8 billion in assets...
Terraform Labs Ceases Operations After SEC Agreement: Impact and Community Governance Shift
TL;DR Terraform Labs decides to cease operations following a multi-million dollar agreement with the SEC, involving a $4.47 billion payment and restrictions for the company...
SEC’s Surprise Move: Ethereum ETFs Poised for Approval
by Fernando
TL;DR The SEC has requested updates to 19b-4 filings for Ethereum ETFs, suggesting a possible imminent approval. This news has caused a significant increase in...
XRP Whale Dumps Millions After FIT21 Bill Passes, Sparking Speculation
by jose
TL;DR FIT21 Bill Seen as Win for Ripple vs. SEC: The US House of Representatives’ approval of the FIT21 bill is viewed as a positive development...
Ethereum Faces Outflows Amid ETF Uncertainty
TL;DR Fund flows in the digital asset market over the last week have been significant for Ethereum and Bitcoin, as well as other altcoins and...
Ethereum ETF Awaits SEC’s Verdict: Invesco Galaxy’s Proposal in Limbo
by jose
TL;DR SEC Delays Decision: The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Invesco Galaxy spot Ethereum exchange-traded fund (ETF). This delay...
Ripple Legal Showdown: Deadline Looms Amid SEC Penalty Request
TL;DR Ripple must respond to the SEC’s penalty request by April 22, a crucial step in its legal conflict. The SEC surprised everyone by dismissing...